Now is the right time to buy a property!

Interest rates for real estate financing are falling, while the central banks are likely to take further moderate interest rate steps. As is the case every year, the real estate sales inventory declines at the end of the year, but the dynamic changes noticeably towards spring. Buyers are seizing the opportunity and starting to buy up available stock more intensively. Despite this activity, there are still few young, energy-efficient properties on the market, which limits the choice for buyers.

It is noticeable that buyers have become much more price-sensitive in their buying process. While we are pleased that prices have stabilized and no further corrections are necessary, we have not yet noticed any rising prices either. Before this happens, demand will have to pick up further. The desire to own a home remains strong and deeply rooted in society.

At the same time, the low level of construction activity means that the property stock will not fall any further. Anyone who owns a property therefore has a stable investment in their hands. In my view, now may be the best time to buy a property - provided you can afford it. The conditions suggest that the market currently offers good opportunities to secure a long-term investment.